STILL segment
The STILL segment also achieved substantial year-on-year increases in both order intake and revenue. Order intake went up by 5.9 per cent to €499.6 million (Q1 2014: €471.7 million) owing to higher orders in nearly all regions. The only exception was Brazil, where the market was adversely affected by economic conditions. Unit sales were particularly boosted by the figures from Germany, Turkey and Italy.
Segment revenue advanced by 6.8 per cent to €461.5 million (Q1 2014: €432.3 million), also due to increases in both western and eastern Europe. The main factors at play here were strong growth in new trucks and a significant rise in the service and rental truck businesses.
At €24.2 million, the adjusted EBIT for the segment was unchanged on the first three months of 2014. The adjusted EBIT margin was slightly lower at 5.2 per cent (Q1 2014: 5.6 per cent). > TABLE 09
Key figures − STILL − |
|
|
09 |
in € million |
Q1 2015 |
Q1 2014 |
Change |
Order intake |
499.6 |
471.7 |
5.9% |
Revenue |
461.5 |
432.3 |
6.8% |
EBITDA |
52.0 |
49.4 |
5.4% |
Adjusted EBITDA |
52.0 |
50.6 |
2.8% |
EBIT |
22.6 |
23.0 |
–1.8% |
Adjusted EBIT |
24.2 |
24.2 |
0.0% |
|
|
|
|
Adjusted EBITDA margin |
11.3% |
11.7% |
− |
Adjusted EBIT margin |
5.2% |
5.6% |
− |